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Monoprix To Accept Bitcoins

Published on Apr 10 2014 8:36 AM in Technology

Monoprix To Accept Bitcoins

A French news source has reported that the Monoprix retail chain is looking to get into bitcoin by the end of the year. E-Commerce director at Monoprix, Patrick Walid, recently said in an interview that bitcoin will be around for a while. Learning more about it rather than ignoring will be most beneficial for the future, he said. 

Walid says that the French retail chain’s decision to accept bitcoin is a step forward for the company. The move will also accommodate customers who prefer using bitcoin to cash or credit. He thinks that the digital currency industry will change the way businesses will work for the better.

“Monoprix has always been a pioneer and sought to bring to its customers what we do not necessarily see elsewhere," he said. 

Monoprix’s headquarters are located in Clichy, Hauts-de-Seine, France. Walid praises his company for its ability to think outside the box with ideas like being the first to launch a bio MDD.

Walid hopes that in 3 to 5 years after accepting bitcoin payments, that consumers conception of what forms of money to use will change. Traveling with coins, paper bills and precious metals can one day become a thing of the past.

For now, Walid says priority in accepting bitcoin will focus on the online site only.

© 2014 - European Supermarket Magazine by Enda Dowling

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